Yes mate its just temporary. I believe in bitcoin. Now although the price of Bitcoin already dump much & 1 Bitcoin equals 6.8k US Dollar. Possible to go down more but i hope bitcoin will able to recover its price within 1 month. So not to worry
This is the always risks by holding bitcoin that price suddenly crashing below $7k. But I think this is temporary and shall pump with time. Bitcoin always volatile so I think it can recover again and yes we shouldnt worry. its normal to see bitcoins value to go down and crash but we cant still be confident and say that it will be back again and recover to its base stable price because we cant see what willl happen on the next day , thats why im still worried that bitcoin can crashed permanently and pop like a bubble just like what others said. therefore im slowly cashing out some of my coins to ensure my safety if something un-usuall will happen. I have the same fear also sometimes whenever the price goes down especially when it is rapid. Although it is normal to experience some price dips and corrections, we can never really tell if the price will continue to go down, if it will recover and go up again or if we will experience a crash. Anything may happen at any point so it's best to be prepared for anything. Of course, ideally, prices should go up every time it goes down but there's no assurance in saying that. |
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Even the fork is gone they have possibility the price will decrease because as of now we experiencing the price of bitcoin decreasing the price and thats very sad but I believe it will recover again and we will see the price of 10k dollars before end of this year 2017.
I expect there to be a price correction or for the price to go down even if the upcoming fork was cancelled or suspended. The price has been increasing rapidly for the past months so it's bound to get low at some point. A lot has been preparing for this fork and with the fork cancellation, it's hard to tell where the price would go from here. I'm not quite sure if we could hit $10,000 by the end of the year because rumors and FUDs could still appear left and right and affect the price negatively. |
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Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
For me, i spend some of my bitcoin to sustain my daily needs. For example, i convert some of my bitcoin in my wallet into fiat money because in our country, retailers dont accept bitcoin as a way of payment so i need to convert first bitcoin to fiat money. And the rest of my bitcoin, i just save it and make it grow for trading and investment. I do the same. I would have to cash out my bitcoin first and convert it into fiat if I wanted to spend it since I don't know of any place here in my country which accepts bitcoin. To answer OP's question, I sometimes use it for my personal needs and wants. There are times when I want to buy some material thing and when I am short in cash, I would cash out some of my bitcoins. I only spend a very minimal amount of my bitcoin because I would want to spend and hold it for a longer time, with the hope that it would have a much higher value in the future. |
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yahoo: agree atriz :agree edwardard ;LOL most of his campaign is full of his alts and his friends alts julerz12 : have no idea bout him/her deadly is very good too . i would go with yahoo and deadly . now a day most campaign managers run the campaign with alts they own . true story  I am in a campaign currently, being handled by julerz12 and I say that he is very responsible and considerate when handling posts qualities. He reminds us of our deadline in our post in order not to miss the payment. Definitely a good campaign manager! Not to mention, personally I think you could give other aspiring campaign managers like Harlot, TagaMungkahi etc. a chance to handle at least a campaign. They may be less-known compared to other CMs but I think they definitely are responsible enough to handle these kinds of things! Just my two cents. I've worked with Yahoo, Edwardard and Atriz and they're all good campaign managers. I did not encounter any problems with them. I agree that other campaign managers who are not so known such as Harlot - https://bitcointalk.org/index.php?topic=2161242.0 - should be given a chance. They may not have experienced handling a signature campaign such as yahoo, atriz or edwardard but they may have the potential to handle a campaign responsibly as well as the others once they are able to prove it. Why not give these fresh blood a chance? |
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BTC was around $300 3 years ago. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period I think many people had the patience to hold their bitcoin for more than 3 years because it will be worth it if they hold their bitcoin for a long period. You could be rich or millionaire if you hold your bitcoin for more than that. This is all about money mate, and as patience on holding bitcoin is involved I think people who has wider idea about future can decide to bring it to long term holds. Investors who had an experience about saving fiat money to their respective accounts, will value that terms of investments because they even store their money with a lesser chances of gaining profits with bank as long as their money is safe. How about if with bitcoin as their reliable assets and yet holding for that years or for more years to come can be possible for a business minded person. I believe that the early adopters were able to hold their bitcoin for more than 3 years. If some were able to do that, then 3 years would be like a piece of cake. Just in a year, holding bitcoin has allowed a lot to profit largely so I believe that by experiencing there to be a much higher value in the future, they would choose to hold their bitcoin for much longer than 3 years. I don't think that people save their money in the banks in order for them to gain profit, the interest is very low and you would get a very meager addition. They mainly put their savings their for security reasons because they believe the bank to be a safe place to keep your fiat. |
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I was talking with a friend of mine about cryptocurrencies and he said: "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.  " Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions? As far as I am concerned, what we have right now is the freedom of choice as there is a new form of money we can use for many intent and purposes...meaning we are not anymore limited with the fiat money. Personally speaking, I have no problem with the fiat money and there is no need to say that it would soon die because there will always be many people who can not use new technology and we have to respect them for their choice. Can you just imagine a woman who is already 85 and you insist that she should be using the crypto form of money instead of the paper bills she might have in her purse? That would tantamount to be an insult. There is no need to choose one over the other because both have advantages and disadvantages and that is a big reality we have to accept in life: there is no perfect invention ever and all are subject to change that is why we always say that there is always some room for improvement. We have to remember that there is no law or any moral code for that matter dictating that we should be prioritizing the digital form of money over its printed counterpart. In other words, we can have both and I think this is quite true with all people here in the Bitcoin community. We have Bitcoin and we also have the traditional paper money. No need to dismiss one in favor of the other one. I agree and I like what you have pointed out. I'm an active user of cryptocurrency and I support its use however it does not mean that I sometimes prefer the use of fiat over bitcoin or other crypto. Perhaps your friend did not understand the concept of decentralization which bitcoin has. We can't force the use of crypto to everyone. I can't blame them if they refuse or do not understand it immediately. A lot still feel more secure with the use of fiat because it has been here for a much longer time plus they are more familiar with it. People wouldn't want to risk with something as foreign and alien such as bitcoin or cryptocurrency. Each has it advantages and disadvantages and one is better to use than the other in different situations - it really depends. |
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On one of the two possible places:
1. Valued over 100k$, widely used, low fees, transaction confirmed in seconds
2. Historically known as largest crash in last 10 years, eventually replaced by some other more advanced coin.
These two kinds of future would ultimately depend on its users. If the bitcoin holders and users would choose to continue to use it, then number 1 would most likely to occur. However if people choose to dump or countries chose to ban, then the demand would fall and number two may occur. In my head, those 2 kind of results may likely happen. It’s hard to tell because even just a few years from now, a lot can change and happen with bitcoin. For all we know, these things might happen by tomorrow. |
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It’s going to be hard to say. I mean, at anytime really the price could fall. But by judging the current situation of bitcoin and its trend, I don’t think it would go that way. A lot of other users are positive as well that bitcoin would just continue to rise. There would eventually be some price corrections because the increase has been going to fast and it is really high so perhaps that would be a good chance for you to buy back. There has been positive news for bitcoin nowadays so I believe that the price will just continue to rise.
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You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.
Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign. To have passive income you must prepare into bitcoin in two strategy option of buying and holding because it was surely it can generate passive income on that. Just making sure you have extra effort of patient and exact time on monitoring the price value of bitcoin to have a perfect time in generating income. Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit. And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now. Yes, it’s true. Just holding your coins would not generate any passive income. Although that holding coins or one bitcoin would increase in value in the future, it is different from generating passive income because it would not multiply or increase the coin itself. There are other ways of generating passive income such as perhaps investing in a project - you would then be given some income even without doing anything - thus that is passive income. You could do this with other coins as well, just choose or invest wisely. |
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You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.
Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign. To have passive income you must prepare into bitcoin in two strategy option of buying and holding because it was surely it can generate passive income on that. Just making sure you have extra effort of patient and exact time on monitoring the price value of bitcoin to have a perfect time in generating income. Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit. And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now. Yes, that’s true. Although holding is a good investment, it won’t generate passive income. Holding coins or one bitcoin won’t give you passive income but it would increase in value in the future. There’s a difference. The coin itself won’t multiply or increase. I guess another way for you to have some passive income would be to invest in other projects, because there you will get paid even without doing anything - thus it is passive. |
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there is no single way of managing. because time is variable. it is better to evaluate the conditions according to time. I run my own country waiting time and money. there is an ambiguous trend in the political sense. it is better to wait right now. I do not evaluate my current investment. I am waiting.
I think life is too short and I know a lot of people that they are crazy about making money which is not good we need to give time to our families and also to our friends as well every work must be done with his on time if we will not manage our time table so it’s sure that our life will be disturbed and we can lose a lot of things in our life. That’s the thing. We spend too much time and effort on earning that we lose time for ourselves. Time is really precious because it’s something that we cannot gain or give away. Even with all the money in the world, we can’t buy time. I think that in managing our time and priorities, other than giving focus on earning we should also give focus to other important matters such as friends and family. While we balance our time with work, we should balance it also in our relationships. |
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Yeah, I agree with you. Most of the investors now don't have enough knowledge and skills. They just want to get rich fast. This makes Bitcoin become a bubble.
We’re all entitled to our own opinions and I respect yours OP. It’s true that a lot of investors with this kind of mindset has popped up and we can’t do anything to avoid it because everyone has their own selfish and greedy intentions. I think that in the long run, they won’t be able to achieve their goal of getting rich fast because there’s no way of doing that, even with bitcoin. They must learn first and have some perserverance because there are no shortcuts in life. |
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Hoarding is not hurting bitcoin as it makes the price of bitcoin get to a higher value, hoarding is a tactic that has been used for a long time to make a certain item gets more value just like what other people are doing in bitcoin.
Hoarding in itself may not hurt and it contributes to the price but when a dump is made, it would make an impact especially a great number of coins were dumped. This is how others manipulate the price; it gets lower once a dump is made. Since bitcoin only has a limited supply and its supply does not change, hoarding or dumping and actions like these would make some effects and changes in the price. There are a lot who hoard and it is but normal for people to do so because they intend to have plenty bitcoins for investment. |
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Saying that bitcoin is sort of like a religion because some people seem to be like worshipping it seems to be too much although I have to admit that there are some people who would go through great extents just so that they could acquire bitcoin. Well, that’s your opinion and perspective. Some really just believe in bitcoin that much because they see potential in it. The psychology behind a hodler is having the hope that hodling would bring them great rewards because they believe that bitcoin would have high value in the future even if we experience price drops.
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There's a lot in the internet that can help you understand about the bitcoin, how does it work, the ecosystem of it etc. You can either search for a blogs, read articles, watch it on youtube. So to make it easier i found this website that may help you to understand how bitcoin works: https://bitcoin.org/en/how-it-workshttp://www.investopedia.com/news/how-bitcoin-works/I also recommend you to stay here in the forum and read in different sections and read other peoples replies too. You will learn a lot here while doing some jobs and bounties  yes i agree there are a lot in the internet you can research there what was really bitcoin is. I believe that in bitcoin you cannot directly understand and it take a lot of time and you can really know it slowly.but if you dont have patience maybe you dont really know what was bitcoin is.some people really didnt believe in bitcoin at first because they want an early earnings without knowing that bitcoin really need a lot of time before you can gain. I first learned about bitcoin through the internet but I was able to know more about it through this forum. Because of the various sections in this forum which discusses the different aspects about bitcoin, I was able to learn more. Also, it’s better to hear directly from bitcoin users and their experiences. It gives you some subjective opinions and some perspective, also from around the world since there are lot of users here from different countries. |
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I think the title says it all. After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it. During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments. In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money. It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort. Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads not just investment coin there's a lot that can bitcoin bring's like the knowledge here to earn in different country or ideas in a business and etc.Bitcoin is comprised by trading,gambling,faucet and some open campaign to earn so its not just investment coins.I think also if you learn bitcoin you will have confident to build a business and buy all the things that you want Interesting points. True that people have greedy intentions and have goals of getting rich which is mainly the reason why a lot invest in bitcoin and intend in holding it for a long time. But really, bitcoin has a lot of other uses and is intended for other things. For now probably, most would look at it as an investment coin because of its potential to grow and increase in value in the future. It’s use as a currency may be utilized in the future when it is already adopted more and mainstream. |
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Al Waleed, Saudi Prince, Announced in an interview with cnbc that bitcoin have no future arguing "It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision". Also the Saudi government prohibited the use of bitcoin in the country! Source: https://www.cnbc.com/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.htmlMy Comment: Bitcoin exists 8 years ago, the price of bitcoin is not what real bitcoiners users search. Real bitcoiners joined bitcoin to enjoy privacy, transaction speed, secure ... Regards, Bitcoin Boy. Just leave them they're rich people just let them what ever they're saying and watch your self. So what if they won't invest with bitcoin. That's not matter we can still survive without them. Same as china they banned the use of bitcoin but still bitcoin user invest with bitcoin and earn a lot profit Those peoples are not really aware about the power of bitcoins. Exactly. The richest man in the world can choose not to invest in bitcoin and it's their choice and right not to. They have the liberty to do what they want, we can't force bitcoin to everyone. Even if they're rich and influential, bitcoin would still go on even without them investing. I think that Saudi is still a very conservative and traditional country. From my understanding, they still practice and kept a lot of their old traditions so they're still probably not that liberated or open to new developments such as bitcoin. Some are just scared of something as decentralized as bitcoin just because it is not regulated and cannot be controlled. We all have our own personal views and investment preferences. We shouldn't take it against him and instead just continue to support bitcoin despite remarks like this. Perhaps they're already too rich that they're no longer interested to invest even further and get even more rich. |
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The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?
Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.
Currently I don't think that the impact of fork has been taken into effect, this rally has been done due to the launch of future's which is to take place down this year. The fork so far has mixed impact, so there are people who are for it and there are people who are against it. Currently there's not really much clarification on its support. I don't think we may see a crash but prices could be haywire for a while if they don't clinch support and they don't have action replay, so that's a risk which can harm all it users. Yes, it's quite possible that the price increase that we are experiencing now is due to the upcoming fork but along with that, a great contributor is the positive news about bitcoin such as amazon. I think this would make the price go up even after the fork as well. It's hard to tell what may be the result of the fork this coming November but it's quite possible for there to be a crash. It would mainly depend on the support of the bitcoin users - so far there are some who are not interested at all while there are others who plan on support it. Whether there will be a crash or not, I still expect the price to go down. During the BCH fork last August, the price went down but right after it went up very rapidly. Most just dumped their BCH right after. So the results of the upcoming fork would really depend on the reaction and support of the users. |
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It always depend on the user. They also said that internet will help studentt in their studies, but they just make them lazy and they use it to watch porn instead and other darker stuff so it's not fair to blame bitcoin for that.
Just as the internet may be used as a tool for illegal use and activities, this may also be done with bitcoin. The internet is not said to be dark or evil just because people may use it for dark or evil purposes. If the user has evil intentions, then they would use anything - even something as innocent or neutral as bitcoin - to deliver their greediness and wants. This does not actually mean that bitcoin is evil or dark. It may be used for dark purposes but this does not dictate the nature of bitcoin per se. |
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Why is bitcoin going 3% up each day?
Here is reasons that I can think of: [1] Anticipation of Segwit2x in November 16. [2] CME news [3] Amazon rumor that they are going to accept bitcoin as mode of payment. So this fresh of positive news really bring investors to get bitcoin and invest on it because the price can go to the moon later. And the more positive news, the more bitcoin price picks up. But just remember that we can't always go up, sometimes a healthy correction is needed. Just enjoy this massive bull run before it hits the break. Positive news like this can really make a difference in the price trend. A lot believe that it will go up and a lot would buy thus increasing the demand for correction. It's possible that it will continue to go up for some time now since these positive news just popped up, then there may be some price corrections after. With regards to the upcoming segwit2x in November, everyone must be trying to buy some bitcoin right before that happens. |
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